Lightning Minerals Ltd (L1M) - Net Assets
Based on the latest financial reports, Lightning Minerals Ltd (L1M) has net assets worth AU$4.38 Million AUD (≈ $3.10 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.82 Million ≈ $3.41 Million USD) and total liabilities (AU$440.88K ≈ $311.95K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check L1M cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$4.38 Million |
| % of Total Assets | 90.85% |
| Annual Growth Rate | 105.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 565.46 |
Lightning Minerals Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Lightning Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lightning Minerals Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Lightning Minerals Ltd (2022–2025)
The table below shows the annual net assets of Lightning Minerals Ltd from 2022 to 2025. For live valuation and market cap data, see L1M market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$4.38 Million ≈ $3.10 Million |
-40.68% |
| 2024-06-30 | AU$7.38 Million ≈ $5.22 Million |
+13.65% |
| 2023-06-30 | AU$6.49 Million ≈ $4.59 Million |
+1185.08% |
| 2022-06-30 | AU$505.10K ≈ $357.39K |
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Equity Component Analysis
This analysis shows how different components contribute to Lightning Minerals Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 849953600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$9.76 Million | 222.94% |
| Other Comprehensive Income | AU$3.18 Million | 72.63% |
| Total Equity | AU$4.38 Million | 100.00% |
Lightning Minerals Ltd Competitors by Market Cap
The table below lists competitors of Lightning Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanologica AB
ST:NICA
|
$4.71 Million |
|
Preecha Group Public Company Limited
BK:PRECHA
|
$4.71 Million |
|
Nutritional Growth Solutions Ltd
AU:NGS
|
$4.71 Million |
|
PT Trimuda Nuansa Citra Tbk
JK:TNCA
|
$4.72 Million |
|
MetaVia Inc.
NASDAQ:MTVA
|
$4.71 Million |
|
Jaguar Animal Health Inc
NASDAQ:JAGX
|
$4.71 Million |
|
Qualitech Public Company Limited
BK:QLT
|
$4.70 Million |
|
THREED CAPITAL INC.
F:B5K3
|
$4.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lightning Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,376,866 to 4,375,936, a change of -3,000,930 (-40.7%).
- Net loss of 3,006,206 reduced equity.
- Share repurchases of 5,250 reduced equity.
- Other comprehensive income increased equity by 15,951.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.01 Million | -68.7% |
| Share Repurchases | AU$5.25K | -0.12% |
| Other Comprehensive Income | AU$15.95K | +0.36% |
| Other Changes | AU$-5.42K | -0.12% |
| Total Change | AU$- | -40.68% |
Book Value vs Market Value Analysis
This analysis compares Lightning Minerals Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.56x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.25x to 0.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.10 | AU$0.02 | x |
| 2023-06-30 | AU$0.19 | AU$0.02 | x |
| 2024-06-30 | AU$0.14 | AU$0.02 | x |
| 2025-06-30 | AU$0.04 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lightning Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -68.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.10x
- Recent ROE (-68.70%) is below the historical average (-41.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -19.80% | 0.00% | 0.00x | 1.24x | AU$-150.51K |
| 2023 | -33.52% | 0.00% | 0.00x | 1.06x | AU$-2.83 Million |
| 2024 | -44.96% | 0.00% | 0.00x | 1.03x | AU$-4.05 Million |
| 2025 | -68.70% | 0.00% | 0.00x | 1.10x | AU$-3.44 Million |
Industry Comparison
This section compares Lightning Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lightning Minerals Ltd (L1M) | AU$4.38 Million | -19.80% | 0.10x | $4.71 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Lightning Minerals Ltd
Lightning Minerals Ltd engages in the exploration of minerals that include lithium, gold, base metals, nickel, copper, and PGEs. The company holds 100% interests in the Dundas, Mt Jewell, Mailman Hill, and Mt Bartle projects. Lightning Minerals Ltd was incorporated in 2021 and is based in Perth, Australia.